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Legal & General
(LSE:LGEN)
Legal & General (LGEN) vs. iShares MSCI United Kingdom ETF (EWC)
Legal & General Business Overview & Revenue Model
Legal & General Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.78B | 12.96B | 11.07B | 10.19B | 9.29B | 9.28B |
| Gross Profit | 5.68B | 12.59B | 10.72B | 9.90B | 8.99B | 8.98B |
| EBITDA | 845.00M | 704.00M | 423.00M | 1.26B | 2.92B | 1.50B |
| Net Income | 116.00M | 191.00M | 457.00M | 783.00M | 2.05B | 1.61B |
Balance Sheet | ||||||
| Total Assets | 557.02B | 544.17B | 522.10B | 506.32B | 575.46B | 563.63B |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 18.58B | 22.54B | 36.26B | 16.49B | 43.29B |
| Total Debt | 4.71B | 7.70B | 6.12B | 5.48B | 5.39B | 5.84B |
| Total Liabilities | 554.60B | 540.66B | 517.31B | 494.18B | 564.51B | 553.66B |
| Stockholders Equity | 2.41B | 3.55B | 4.83B | 5.56B | 10.98B | 10.00B |
Cash Flow | ||||||
| Free Cash Flow | -1.22B | -4.54B | -14.48B | 20.28B | -374.00M | 4.14B |
| Operating Cash Flow | -1.13B | -4.45B | -14.24B | 20.46B | -169.00M | 4.30B |
| Investing Cash Flow | 285.00M | 239.00M | -422.00M | -226.00M | 133.00M | -457.00M |
| Financing Cash Flow | -1.35B | 331.00M | -556.00M | -1.03B | -1.50B | -29.00M |
Legal & General Technical Analysis
Legal & General Risk Analysis
Legal & General Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | £2.24B | 16.10 | 12.23% | 6.38% | -10.85% | -42.02% | |
72 Outperform | £5.80B | 16.34 | 8.30% | 5.67% | 4.78% | -4.86% | |
71 Outperform | £3.55B | 11.18 | 6.50% | 7.23% | -7.11% | 0.45% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | £5.45B | 12.28 | 18.83% | 4.24% | -0.15% | -7.47% | |
52 Neutral | $6.03B | ― | -1.53% | 7.72% | 9.86% | -134.41% | |
50 Neutral | £13.19B | 59.10 | 6.81% | 9.09% | -38.98% | -31.14% |
Legal & General Corporate Events
Legal & General Group Plc announced its strategic focus on capturing growth opportunities in the UK’s Defined Contribution (DC) and Annuities markets over the next decade. The company aims to leverage its position as the largest UK DC asset manager and annuity provider to achieve significant growth in Retail operating profit, targeting £40-50bn in Workplace DC net flows and a 4-6% CAGR in Retail operating profit from 2024-2028. This growth is expected to shift profit mix towards fee-based earnings and enhance operating leverage, positioning Retail as a key driver of the company’s future growth.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £239.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc has announced the appointment of Scott Wheway as the new Chair, succeeding Sir John Kingman. Wheway, who brings extensive leadership experience in financial services and retail, will join the board as an independent Non-Executive Director and Chair Designate in January 2026, assuming the Chair role in May 2026. This leadership transition is expected to support L&G’s strategic growth and enhance stakeholder value, as the company continues to expand its international market presence and maintain its commitment to responsible investing.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £229.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc has announced the purchase of shares by several key executives under the company’s Employee Share Plan. This transaction, conducted on the London Stock Exchange, involved the acquisition of ordinary shares at a price of £2.36 each by five senior figures, including the Group Chief Financial Officer and the Chief Executive Officer of Legal & General Institutional Retirement. This move reflects confidence in the company’s future prospects and aligns the interests of the management with those of the shareholders.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £239.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced the purchase of ordinary shares under its Dividend Reinvestment Plan (DRIP) by Sir John Kingman, the company’s Chair. The transaction, conducted on the London Stock Exchange, involved the acquisition of 4,129 shares at a price of £2.37 each. This move is part of the company’s ongoing efforts to maintain transparency and compliance with the UK Market Abuse Regulation, potentially reinforcing investor confidence and stability in its governance practices.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £239.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc has announced its total voting rights as of September 30, 2025, in compliance with the FCA Disclosure Guidance and Transparency Rules. The company reported a capital structure consisting of 5,697,452,017 ordinary shares, all with voting rights, and no shares held in treasury, which stakeholders can use to assess their interests in the company.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £239.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc has announced a transaction involving the purchase of ordinary shares by Sir John Kingman, the company’s Chair. This transaction, conducted on the London Stock Exchange, involves the acquisition of shares into an ISA, reflecting ongoing investment activities by key company personnel. Such transactions can signal confidence in the company’s financial health and future prospects, potentially impacting stakeholder perceptions and market positioning.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £239.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced the purchase of ordinary shares by three of its Non-Executive Directors, Mark Jordy, Ric Lewis, and Laura Wade-Gery, under their Terms of Appointment. The transactions were conducted on the London Stock Exchange, with each director purchasing shares at a price of £2.362, reflecting confidence in the company’s future prospects and potentially impacting stakeholder perceptions positively.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £239.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General has announced the appointment of Andrew Kail as the new Group Chief Financial Officer, effective December 1, 2025, following Jeff Davies’ decision to step down. Kail, who has been with L&G since 2021, brings extensive experience from his previous roles at PwC and within L&G, and is expected to continue driving the company’s growth strategy. The transition is seen as a strategic move to maintain L&G’s strong financial and strategic position, with Kail’s deep knowledge of the business anticipated to benefit the company’s operations and stakeholders.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £237.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced the purchase of ordinary shares by key managerial personnel under its Employee Share Plan and Share Bonus Plan. The transactions, conducted on 26 September 2025, involved shares priced at £2.37 and £2.35, reflecting the company’s ongoing commitment to aligning managerial interests with shareholder value. This move underscores Legal & General’s strategy to enhance stakeholder engagement and maintain its competitive edge in the financial services sector.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £237.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced that several directors have purchased ordinary shares under the Dividend Reinvestment Plan (DRIP) at a price of £2.37 per share. This transaction, disclosed in compliance with the UK Market Abuse Regulation, reflects the directors’ confidence in the company’s financial health and future prospects, potentially strengthening stakeholder trust and market positioning.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £237.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced the vesting of restricted share awards to Katie Worgan, the Group Chief Operating Officer, as part of her remuneration package. The first tranche of 13,773 shares vested on 23 September 2025, with 6,474 shares sold to cover tax and dealing costs, while 7,299 shares were retained. This move aligns with the company’s strategy to compensate key executives for incentives forfeited from previous employers, potentially impacting the company’s talent retention and executive compensation strategies.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £237.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced the final results of its tender offer for £600,000,000 Fixed Rate Reset Subordinated Notes due 2064. The company accepted £587,295,000 in aggregate nominal amount of the Notes without any scaling, and intends to cancel all purchased Notes, leaving £12,705,000 outstanding. This move is part of Legal & General’s strategic financial management, potentially impacting its capital structure and stakeholder interests.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £227.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced the purchase of shares by several key executives under the company’s Employee Share Plan. This transaction, conducted on the London Stock Exchange, reflects the executives’ confidence in the company’s future performance and aligns their interests with those of shareholders.
The most recent analyst rating on (GB:LGEN) stock is a Sell with a £200.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced the repurchase and cancellation of 5,948,320 ordinary shares as part of its ongoing share buyback program initiated in March 2025. This transaction, executed through Barclays Capital Securities Limited, reduces the total number of shares in issue to 5,696,705,949, potentially enhancing shareholder value by decreasing the number of shares available in the market.
The most recent analyst rating on (GB:LGEN) stock is a Sell with a £200.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc has announced the issuance of €700 million Fixed to Floating Rate Subordinated Notes due in 2055, as part of its £5 billion Euro Note Programme. This strategic move is expected to enhance the company’s capital structure and provide additional financial flexibility, potentially impacting its market positioning and offering new opportunities for stakeholders.
The most recent analyst rating on (GB:LGEN) stock is a Sell with a £200.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc has announced the purchase of ordinary shares by three of its Non-Executive Directors, Mark Jordy, Ric Lewis, and Laura Wade-Gery, under their Terms of Appointment. This transaction, conducted on the London Stock Exchange, reflects the directors’ commitment to the company and may influence stakeholder confidence in the firm’s governance and future prospects.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £275.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced the total voting rights as of August 29, 2025, with the company’s capital consisting of 5,706,036,779 ordinary shares, all with voting rights. The company recently purchased and cancelled 2,486,292 shares, reducing the total number of ordinary shares and voting rights to 5,703,550,487. This update is crucial for shareholders to determine their notification requirements under FCA rules.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £275.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc has repurchased 1,000,000 of its ordinary shares as part of its ongoing share buyback program, which was announced in March 2025. This transaction, executed through Barclays Capital Securities Limited, will reduce the total number of shares in issue to 5,702,550,487, potentially enhancing shareholder value and optimizing the company’s capital structure.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £275.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced a transaction involving Sir John Kingman, the Chair, who purchased ordinary shares into an ISA. This transaction, conducted on the London Stock Exchange, highlights the ongoing engagement of key company figures in the financial markets, potentially reinforcing investor confidence and demonstrating commitment to the company’s growth and stability.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £275.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced the purchase and subsequent cancellation of 986,292 ordinary shares as part of its ongoing share buyback program. This transaction, conducted through Barclays Capital Securities Limited, aims to reduce the number of shares in circulation, potentially enhancing shareholder value and reflecting the company’s commitment to returning capital to its investors.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £275.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc has announced the Maximum Acceptance Amount for its tender offer concerning £600,000,000 Fixed Rate Reset Subordinated Notes due 2064. The offer is part of a strategic move following the pricing of new euro-denominated Tier 2 notes, with the Maximum Acceptance Amount set at the full nominal amount of the outstanding notes. This financial maneuver is indicative of Legal & General’s efforts to manage its debt portfolio effectively, potentially impacting its financial stability and market positioning.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £275.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced the repurchase of 1,500,000 of its ordinary shares as part of its ongoing share buyback program. This transaction, executed through Barclays Capital Securities Limited, will result in the cancellation of the repurchased shares, adjusting the total number of shares in issue to 5,704,536,779, thereby potentially enhancing shareholder value and optimizing the company’s capital structure.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £275.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc has repurchased 2,000,000 of its ordinary shares as part of its share buyback program announced earlier in March 2025. This move, executed through Barclays Capital Securities Limited, will result in the cancellation of these shares, reducing the total number of shares in circulation and potentially enhancing shareholder value by increasing earnings per share.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £275.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc has announced the redemption of £600 million Fixed Rate Reset Subordinated Notes due 2045, following a successful tender offer where £498.425 million of the Notes were repurchased and cancelled. The remaining £101.575 million of the Notes will be redeemed on 27 October 2025, after which the Notes will be delisted from the London Stock Exchange, marking a significant step in the company’s financial strategy and potentially impacting its market positioning.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £275.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc has announced a tender offer for its £600,000,000 Fixed Rate Reset Subordinated Notes due 2064. This move is part of a strategy to manage its redemption profile and offer noteholders the chance to sell their holdings and potentially acquire new euro-denominated Tier 2 notes. The offer is contingent upon the successful issuance of these new notes, and any notes purchased will be canceled. This initiative reflects Legal & General’s proactive approach to capital management ahead of the end of Solvency II transitional arrangements in 2026.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £275.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc has announced the repurchase of 2,000,000 of its ordinary shares as part of its ongoing share buyback program. This move, which involves the cancellation of the repurchased shares, aims to consolidate the company’s equity structure, potentially enhancing shareholder value and reflecting confidence in its financial health.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £275.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced the repurchase of 3,471,048 ordinary shares as part of its ongoing share buyback program. This transaction, executed through Barclays Capital Securities Limited, will reduce the total number of shares in issue to 5,709,967,345, potentially enhancing shareholder value and reflecting the company’s commitment to returning capital to shareholders.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £275.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced the repurchase of 3,621,174 of its ordinary shares as part of its ongoing share buyback program, initially announced in March 2025. The repurchased shares will be cancelled, reducing the total number of shares in issue to 5,713,438,393, which reflects the company’s commitment to returning value to shareholders and optimizing its capital structure.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £275.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc has announced the publication of a Supplementary Prospectus related to its £5 billion Euro Note Programme. This update, which is available for viewing online and through the National Storage Mechanism, reflects the company’s ongoing efforts to maintain transparency and provide stakeholders with relevant financial information, potentially impacting its market positioning and investor relations.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £275.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced the exercise of awards under its Performance Share Plan 2014, granted in 2020, which became exercisable on 12 August 2025. Key directors and PDMRs, including Jeff Davies and Chris Knight, exercised their options, selling shares to cover tax liabilities. This transaction reflects the company’s ongoing commitment to aligning management incentives with shareholder interests, potentially impacting its market perception and stakeholder confidence.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £2.43 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc reported a strong performance for the first half of 2025, with a 9% increase in core operating EPS, driven by strategic growth across its business segments. The company has made significant progress in institutional retirement and asset management, while expanding its retail customer base. Strategic initiatives, including the sale of its US protection business and a partnership with Meiji Yasuda, are expected to enhance its market position. Additionally, a new partnership with Blackstone and the acquisition of Proprium Capital Partners are set to bolster its global real estate platform, supporting growth in key markets. The company remains on track to meet its financial targets, with plans to return substantial value to shareholders through dividends and share buybacks.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £2.43 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced a notification of transactions involving directors and persons discharging managerial responsibilities, who purchased shares under the company’s Employee Share Plan. This transaction, conducted on the London Stock Exchange, reflects the confidence of the company’s leadership in its financial stability and growth prospects, potentially impacting stakeholder perceptions positively.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £2.43 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced a notification regarding transactions by its Non-Executive Directors, Ric Lewis and Laura Wade-Gery. Both directors purchased ordinary shares of the company at a price of £2.555 each, with Lewis acquiring 1,030 shares and Wade-Gery acquiring 973 shares. This transaction, conducted on the London Stock Exchange, reflects the directors’ confidence in the company’s market position and future prospects.
The most recent analyst rating on (GB:LGEN) stock is a Buy with a £2.75 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc has announced its total voting rights as of July 31, 2025, which consists of 5,716,813,891 ordinary shares with voting rights. This announcement complies with the Disclosure Guidance and Transparency Rules, and the total voting rights figure will be used by shareholders to determine their notification requirements under these rules. This update ensures transparency and compliance with regulatory obligations, impacting how shareholders manage their interests in the company.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £2.43 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced a transaction involving the purchase of ordinary shares by Sir John Kingman, the Chair of the company. The transaction, conducted on the London Stock Exchange, involved the acquisition of 643 shares at a price of £2.554198 each, and was disclosed in compliance with the UK Market Abuse Regulation. This transaction highlights the ongoing engagement of the company’s leadership in its financial operations, potentially reinforcing stakeholder confidence.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £2.43 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced the repurchase of 1,969,508 of its ordinary shares as part of its ongoing share buyback program initiated in March 2025. This transaction, executed through Barclays Capital Securities Limited, aims to reduce the number of shares in circulation, potentially enhancing shareholder value and reflecting confidence in the company’s financial health.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £2.43 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced the repurchase of 2,483,947 of its ordinary shares as part of its ongoing share buyback program. This transaction, executed through Barclays Capital Securities Limited, will result in the cancellation of the repurchased shares, reducing the company’s total number of ordinary shares in issue to 5,718,671,981. The buyback is part of a strategic initiative to optimize the company’s capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £2.43 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced the repurchase of 1,000,000 ordinary shares as part of its ongoing share buyback programme. This move, executed through Barclays Capital Securities Limited, aims to optimize the company’s capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £2.43 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Legal & General Group Plc announced the repurchase of 2,447,886 of its ordinary shares as part of its ongoing share buyback program. This move, which involves the cancellation of the repurchased shares, aims to reduce the total number of shares in circulation, potentially enhancing shareholder value and reflecting confidence in the company’s financial position.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £2.43 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.